Under the Malaysian Government’s Budget 2020 grant for SMEs digitalisation, local SMEs can enjoy up to 50% or RM 5,000 of rebate on a total spend of RM10,000 when they adopt digitalisation measures in business operations. It is important to note that this grant is only available to the first 100,000 SMEs applications only.
This matching grant will be worth total RM 500 million over 5 years, limited to the first 100,000 SMEs applying to upgrade their systems. The initiative of the SME Matching Grant is to encourage the SMEs to adopt and utilize digital applications in the business operations. Start re-evaluating your business software needs for upgrade and add-on modules to enjoy your share on the grant before the allocation exhausted. Your business digitalisation start from here!